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RE: LeoThread 2024-12-29 11:29

in LeoFinance13 days ago

Part 4/11:

As a family-oriented business, Madoff’s operation employed his brother Peter and other family members, which fostered an environment of trust. Clients included banks, hedge funds, and even everyday retirees—all attracted by the promise of stable returns that seemed to be too good to be true.

The Role of Trust and Reputation